Stellantis’ JV approved, gaining exclusive rights to build and sell Leapomotor EVs outside of China
Five months after signing a proposed joint venture with EV automaker Leapmotor, Stellantis has reportedly gained regulatory approval in China to continue its stake. This deal is the first of its kind for a Western automaker and gives Stellantis the exclusive rights to build, export, and sell Leapmotor brand EVs outside of China, and it is already mulling some exciting markets for them.